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Bezos finally decided that his new business would sell books online, because of the large worldwide demand for literature, the low unit price for books, and the huge number of titles available in print. [12] Amazon was founded in the garage of Bezos' rented home in Bellevue. [9] [13] [14] Bezos' parents invested almost $246,000 in the start-up ...
The Everything Store: Jeff Bezos and the Age of Amazon is a 2013 bestselling book written by journalist Brad Stone.It documents the rise of Amazon.com in the 1990s, its near demise during the dot-com bust, and its subsequent revival with the inventions of Amazon Prime, the Kindle and Amazon Web Services.
Bezos Went Public. In 1997, just three years after founding Amazon as an online seller of books and music, Bezos took his company public. The move required Bezos to forfeit control, answer to ...
Jeff Bezos' siblings, Mark and Christina, took a leap of faith by investing $10,000 each in a fledgling online book store. Their decision to purchase 30,000 shares of Amazon.com Inc. back in 1996 ...
In One Click, Brandt describes Bezos's upward journey from computer nerd to world-changing technology entrepreneur.In parallel, Brandt also charts Amazon's original market specialization in book sales and the retailer's evolution to selling almost everything, under the mission of making online shopping easy and convenient.
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Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss as well as hyper-competitive, [144] [151] and opined that Bezos perhaps "bet the biggest on the Internet" than anyone else. [153] Bezos has been characterized as a notoriously opportunistic CEO who operates with little concern for obstacles and externalities ...
In 1994, Jeff Bezos co-founded the future e-commerce behemoth Amazon in a Seattle garage. In an interview with Time magazine, the Amazon CEO revealed he gave himself a 30 percent chance that ...